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Topic: |
Business
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Number of pages / Number of words: |
16 / 4270 |
Essay's paper body
The rising demand for petroleum products and natural gas is expected to be met through imports. Coupled with deteriorating coal quality and its vulnerability to volatile fuel prices in a tightening world oil and gas market, Indiaâs energy situation is likely to worsen.
These vulnerabilities are being addressed through diversification of energy imports, the development of indigenous fossil and renewable energy sources and last but not least, reduction of the intensity of energy use of the Indian economy...
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The thrust of this paper is to focus on ways to stretch Indiaâs existing energy supply capacity by making energy use more efficient.2
Efficiency improvement also has the potential to boost economic growth that can result in higher tax revenue for the government. An analysis of the electricity efficiency potential for India shows that efficiency improvement in combination with new supply can eliminate electricity shortages at the same investment level as for a business-as-usual electricity supply scenario...
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